Accounting

Choosing the Right Timeframe: 3 Common Options for Budgeting

August 20, 2023

When it comes to budgeting timeframes, there are three common options businesses often consider. Each has its own advantages and considerations.

Defining a Budget: 3 Key Types

August 8, 2023

A budget serves as a guide for businesses to manage their income and expenses. Its purpose lies in providing a framework for financial planning, facilitating monitoring and control, and fostering accountability.

The Importance of Maintaining Healthy Cash Flow

July 17, 2023

What is cash flow? Cash flow refers to the movement of cash into and out of a business over a specific period. It is the lifeblood of any organization, as it ensures that there is enough liquidity to cover operational expenses, pay suppliers, meet financial obligations, and grow their business.

Do I Really Need to Keep This? Why Recordkeeping is Important

June 28, 2023

As a business owner, you are responsible for all aspects of your business, and this includes how your accountants maintain your business records.

Vacation Checklist: Prepare for Your Time Off in 5 Steps

June 12, 2023

When it comes to any type of vacation planning, you want to make sure you’re fully prepared. Before you leave, you have to consider things like budgeting, accommodation, transportation, food and beverage selection, activities and packing.

Accounting Tips for Small Business Success – June 2023

June 1, 2023

As a small business owner, you may not have the time or expertise to handle all the financial management tasks involved in running your business, and it can be overwhelming.